This Crypto Coin Went Up 72% Overnight—Is It the Luckiest Token Alive?

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Some people wake up and check their phone for emails, maybe the weather. Crypto traders, however, check if they’ve finally made enough money to fake their own death in the Bahamas. Today, anyone holding EPT—the token from Web3’s ambitious AI playground called Balance—likely spit out their turmeric latte in shock as prices shot up nearly 72%. (That’s almost as dramatic as the plot twists in Bridgerton, but with fewer corsets and way more acronyms.)

According to CoinGecko, which sounds like either a lizard with a Wall Street job or someone’s failed attempt at coining the next Pokémon, Balance gleefully ignited what experts lovingly call a “god candle” (presumably because anyone betting on this thing immediately started praying). On May 8, EPT soared to $0.012, making its market cap leap past $27 million, while daily trading volume went from “meh” to “Kris Jenner on a shopping spree”, hitting $63 million. 📈

The reason for all this chaos? South Korea’s Bithumb exchange announced EPT is getting its very own KRW trading pair at precisely 6:00 PM KST on Friday, May 8, 2025. Pretty sure that’s also the same time my last bad haircut appointment started—except this might actually have a happy ending.

Bithumb is just the latest name on Balance’s crypto world tour. Previously, EPT debutanted on Binance Alpha, Gate.io, KuCoin, Bitget, and MEXC—basically everywhere except your local farmer’s market. All those listings happened right after Balance triumphantly pressed the Big Red Button and launched its token and mainnet back in April, setting its total supply at a chill 10 billion tokens. Because when in doubt, invent more digital coins than IKEA has product codes.

Meanwhile, EPT’s derivatives market behaved the way my cat does when she accidentally knocks over a glass of water: absolute bedlam. Open interest in EPT futures soared 52% to almost $20 million, and the funding rate stayed at 0.0050%. Translation: Most traders are still betting the party isn’t over, though you should probably have a cab waiting—just in case.

Charts lovers, rejoice. On the 4-hour USDT chart, EPT broke out of its “descending parallel channel”—which is technical analyst speak for “stuck in a rut worse than your college roommate’s love life.” This breakout might mean a new bullish run, or, you know, another excuse to check your crypto apps at every red light.

Currently, EPT is strutting above its 20-day moving average, flaunting technical indicators like a peacock with a 401(k). The MACD line even crossed above the signal line, which techies claim is a “bullish” sign—sort of like getting a fist bump from Warren Buffett. 🧐

If this shameless optimism continues, EPT might pop up to $0.014 soon. If it can keep its composure and break that “psychological resistance” (which, if we’re honest, just means enough buyers still have faith), then $0.017—the all-time high—could be next. That’s a possible 54% gain, which is statistically more exciting than my grandfather’s annual report on his tomato garden.

As of this caffeinated moment, EPT trades around $0.011. Could go up! Could go down! Could become sentient and cancel itself from the blockchain. That’s crypto, baby.

What is Balance?

Balance popped up in February 2024, determined to blend AI, gaming, DeFi, and approximately seventeen other buzzwords into one sticky Web3 soup. Envision a multichain playground where you can explore AI-powered virtual worlds, earn EPT tokens, and shout at your screen when your avatar falls off a digital cliff—all without ever putting on pants. 🕹️

EPT is the duct tape holding this whole ecosystem together: you use it for governance, staking rewards, liquidity incentives, and buying in-game stuff that, in the offline world, would just be called “shopping”.

Back in September 2024, people with more money than sense—like Andreessen Horowitz, Galaxy Interactive, Amber Group, and Animoca Brands—threw $30 million at Balance to supercharge their grand AI-and-Web3 vision. So next time you feel guilty about spending $6 on an iced coffee, just remember, someone put $30 million into a world where even the tokens are virtual.

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2025-05-08 10:19